Medinah Minerals (MDMN)

[BigBaboon]

So in your worst case scenario... you say MDMN is a 3 bagger from here going for .06... like I said a 3 to 15 bagger as I see it...

Auryn is contractually obligated to prove up the property... probably have to spend X amount of money and achieve X amount of drilling/proving up etc... to remain in contract... otherwise they lose all they've spent and have no rights what so ever to the property...

In fact as of today they own zero of the property and have already spent millions... they need to exercise their purchase option to have any ownership... or tender an offer that will be excepted...

Oh yeah... and the 15% will definitely have value placed upon it and must be purchased in any tender offer...

I don't think they are going the tender offer route though... at this stage of the game... maybe later... but not now... but then again... we'll just have to wait and see...